As of Wednesday, April 9, 2025, the exchange rate for the U.S. dollar against the Nigerian naira at the Lagos parallel market, popularly known as the black market or Aboki FX, stands as follows:
- Buying Rate: ₦1,570
- Selling Rate: ₦1,600
These figures were obtained from sources within the Bureau De Change (BDC) network in Lagos.
Important Disclaimer:
The Central Bank of Nigeria (CBN) does not officially recognize the parallel market, often referred to as the black market. Individuals or businesses seeking to purchase foreign exchange are advised to do so through official banking channels as directed by the CBN.
Dollar to Naira Black Market Rate Today
| Exchange Type | Rate |
|---|---|
| Buying | ₦1,570 |
| Selling | ₦1,600 |
Dollar to Naira CBN Rate Today
While rates may vary slightly across platforms and institutions, here are the indicative official figures for April 9, 2025:
| Rate Type | Value |
|---|---|
| Highest Rate | ₦1,650 |
| Lowest Rate | ₦1,589 |
Exchange rates may differ depending on location, demand, and negotiation at the point of transaction. Always confirm rates with your forex dealer or financial institution before proceeding with any currency exchange.
